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Announced

Completed

TopBuild completed the acquisition of LCR Contractors.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Building Materials: Other

Domestic

Friendly

Completed

United States

Single Bidder

insulation company

Private

fireproofing

Majority

Synopsis

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TopBuild, an installer and distributor of insulation and building material products in the United States, completed the acquisition of LCR Contractors, a fireproofing and insulation company serving the Texas markets. Financial terms were not disclosed. "We are pleased to welcome LCR to our team including their almost 300-person installer base. This company is an excellent addition to TopBuild, enhancing our residential and heavy commercial presence and product offerings in the high growth states of Texas and Tennessee. LCR has strong relationships with general contractors and has worked on many major projects. Clay Spicer and his father Buddy, LCR’s current owners, will remain with our Company to focus on the continued growth of our business in this region," Robert Buck, TopBuild President and CEO.

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